US Capital Advisors Forecasts Higher Earnings for Enbridge

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Research analysts at US Capital Advisors raised their FY2026 EPS estimates for shares of Enbridge in a research note issued to investors on Monday, March 23rd. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will post earnings per share of $2.21 for the year, up from their prior estimate of $2.14. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge’s FY2028 earnings at $2.43 EPS.

Several other research analysts have also recently weighed in on the company. Citigroup restated a “buy” rating on shares of Enbridge in a research note on Thursday, February 19th. Scotiabank reiterated an “outperform” rating on shares of Enbridge in a report on Tuesday, February 17th. Raymond James Financial raised Enbridge to a “moderate buy” rating in a research report on Tuesday, February 17th. JPMorgan Chase & Co. cut shares of Enbridge from an “overweight” rating to a “neutral” rating in a research note on Tuesday, January 27th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Enbridge in a report on Tuesday, February 17th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.00.

Enbridge Stock Performance

Shares of ENB opened at $54.49 on Wednesday. The company has a market cap of $118.88 billion, a price-to-earnings ratio of 23.69 and a beta of 0.67. The business’s fifty day simple moving average is $51.67 and its two-hundred day simple moving average is $49.18. Enbridge has a 12 month low of $39.73 and a 12 month high of $55.11. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 1.70.

Enbridge (NYSE:ENB) (TSE:ENB) last issued its earnings results on Friday, February 13th. The pipeline company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. The firm had revenue of $17.18 billion for the quarter, compared to the consensus estimate of $9.10 billion. Enbridge had a net margin of 11.30% and a return on equity of 11.19%. During the same quarter in the prior year, the firm posted $0.75 earnings per share.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ENB. Tsfg LLC lifted its holdings in Enbridge by 329.6% during the third quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock valued at $25,000 after purchasing an additional 379 shares in the last quarter. Triumph Capital Management purchased a new stake in shares of Enbridge in the third quarter worth $26,000. Highline Wealth Partners LLC increased its stake in shares of Enbridge by 73.1% in the third quarter. Highline Wealth Partners LLC now owns 559 shares of the pipeline company’s stock worth $28,000 after purchasing an additional 236 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in shares of Enbridge during the 3rd quarter valued at $28,000. Finally, True Wealth Design LLC lifted its stake in shares of Enbridge by 588.2% during the 3rd quarter. True Wealth Design LLC now owns 585 shares of the pipeline company’s stock valued at $30,000 after buying an additional 500 shares in the last quarter. 54.60% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Zacks upgraded ENB to a Zacks Rank #2 (Buy), reflecting growing optimism about earnings momentum and potentially attracting incremental buyer interest. Read More.
• Positive Sentiment: US Capital Advisors raised FY2026 and FY2028 EPS estimates (FY2026 to $2.21, FY2028 to $2.43), implying stronger forward earnings than prior consensus and supporting valuation upside. Read More.
• Positive Sentiment: Q1 EPS estimates were raised by US Capital Advisors (reported by American Banking News), a near-term positive for sentiment as earnings expectations tick up. Read More.
• Positive Sentiment: Broad energy-stock strength on an oil-price spike is lifting pipeline names, helping ENB as investors rotate into higher-yielding energy assets. Read More.
• Neutral Sentiment: Seeking Alpha argues ENB remains a compelling long-term income play—DFCF growth is modest but predictable—but notes recent share gains reduce near-term upside; this supports income-oriented holders but tempers growth expectations. Read More.
• Neutral Sentiment: Zacks notes ENB is a trending ticker that investors are watching; increased attention can amplify moves but doesn’t guarantee direction. Read More.
• Neutral Sentiment: Analysis on Enbridge’s US-dollar preferred shares highlights attractive yields (up to ~6.8%) and dividend safety; this could draw income-focused capital into preferreds rather than common shares, which is mixed for ENB common demand. Read More.
• Negative Sentiment: CBC reports that Enbridge’s plan to fund policing costs related to a U.S. pipeline reroute has raised local and political concerns—this creates reputational and regulatory risk that could lead to project delays, higher costs, or legal scrutiny. Read More.

About Enbridge

Enbridge Inc is a Calgary, Alberta–based energy infrastructure company that develops, owns and operates a diversified portfolio of energy transportation, distribution and generation assets. Its core activities include the operation of crude oil and liquids pipelines, natural gas transmission and distribution systems, and energy storage facilities. In addition to midstream transportation and storage, Enbridge has expanded into renewable power generation and energy transition projects, including wind, solar and utility-scale generation assets.

The company serves customers primarily in Canada and the United States and has interests in other international energy projects.